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Oakley

Learn about the people, housing, costs and businesses in Oakley, Utah

Median Home$606,400
Median Rent$1,786/month
Population1,560
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality5% education
Home Value Growth-8.6% over 2 years
Retirees52% of residentstop 1% nationally
Homeowners93% of occupied units
NotableHighly Educated30% bachelor's · 15% graduate · top 9% nationally
NotableHigh Incomes$92k/year · top 22% nationally
Oakley
UT

Frequently Asked Questions

What are today's mortgage rates in Oakley?

As of today, the 30-year fixed mortgage rate for Oakley is approximately 6.841% (6.875% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Oakley?

The median home value in Oakley is $606k. The median monthly rent is $1,786. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Oakley?

Home values in Oakley have decreased 8.6% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Oakley?

Based on a typical all-in ownership cost of $1,348/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Oakley is $92k/year.

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What industries drive the economy in Oakley?

The largest employment sectors in Oakley are healthcare (18%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.